Tie me up, Buttercup! Well, lock me out Rex Stout!!! The stomach churning that is the NFL and its players needs addressing, if only a little bit. Long, long ago, when I was paid to be an economist, I had a look at public financing of private facilities. Primary among these are stadiums for football, baseball, and to a lesser extent basketball/hockey which usually share a facility. I could only find data which showed that the taxpayer didn't get much out of it. Owners, who, absent slavery, own little or nothing, generally made out very well.
So, in a fit of search hysteria, I found this piece at the HuffPost. I don't much like the HP, since it is mostly about indentured servitude, but this piece appears to be authored in-house. I guess. Hard to say. Whether this is a paid author, don't know.
Here's the bit that matters:
"Twenty-eight of the league's 31 stadiums (the Jets and the Giants share the New Meadowlands Stadium) have been built with some amount of public financing... Eleven have been 100 percent publicly financed. Taxpayers have put up more than $5 billion since 1990." Welfare for the rich?? Could be. Those teachers sure don't deserve retirement or health care, though.
It's the Distribution, Stupid
Essays on topics economics: monopolists, oligopolists, and oligarchs aren't better decision-makers for the society just because they's rich and they ain't the gummint.
Infinite granularity yields infinite complexity.
Vaccinated ≠ Not Infectious
$536,800,000 MARF™(party like it's 1829)
-- New York Slammers, so far/2024 [GA and The Feds still to come]
Milton was going on about the money supply, so what I said was everything reminds Milton of the money supply. Everything reminds me of sex, but I try to keep it out of my written work.
-- Robert M. Solow, 1924-2023 [Dr. Hemond noted that he made his fortune in the stock market]
-- New York Slammers, so far/2024 [GA and The Feds still to come]
Milton was going on about the money supply, so what I said was everything reminds Milton of the money supply. Everything reminds me of sex, but I try to keep it out of my written work.
-- Robert M. Solow, 1924-2023 [Dr. Hemond noted that he made his fortune in the stock market]
Covid-19 has killed at least
1,123,836 people (as of 20 March 2023, final update)
Buck {Showalter] has always reminded me of something his father once told him:
"The jobs that are easy don't pay very well."
-- Mike Lupica/2023 [and don't qualify them to run anything; sub-GED knuckledraggers take note]
-- Mike Lupica/2023 [and don't qualify them to run anything; sub-GED knuckledraggers take note]
-- Monticello.org [take that, MTG]
-- Marriner Eccles/1951
This week's thought
[The intelligence community] argued that [the restrictive amendment] would cripple the program because they typically use it before there is enough evidence to meet a standard of probable cause for a warrant, like early in investigations when they are trying to learn more about a phone number or an email account found to be in contact with a suspected foreign spy or terrorist. -- Charlie Savage/2024 [IOW, let's catch the thief before the horse is out of the barn - the MARF™(party like it's 1829) traitor's worst nightmare]
About Me
Who I Am
Left wing economist since before it was fashionable
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